ORDINANCE NO. 220568

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Amending Ordinance No. 021284 by repealing Section 2 and enacting in its place a new Section 2, revising the legal description of the area comprising Redevelopment Project Area N of the Shoal Creek Parkway Tax Increment Financing Plan, as amended, and directing the City Clerk to transmit copies of this ordinance.

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WHEREAS, pursuant to the Real Property Tax Increment Allocation Redevelopment Act, Sections 99.800 to 99.865 of the Revised Statutes of Missouri, as amended, the City Council of Kansas City, Missouri by Ordinance No. 54556 passed on November 24, 1982, and thereafter amended in certain respects by Committee Substitute for Ordinance No. 911076, As Amended, passed on August 29, 1991, Ordinance No. 100089, As Amended, passed on January 28, 2010, Ordinance No. 130986, passed on December 19, 2013, and Committee Substitute for Ordinance No. 140823, passed on June 18, 2015, created the Tax Increment Financing Commission of Kansas City, Missouri (the "Commission"); and

WHEREAS, on November 10, 1994, the City Council passed Ordinance No. 941443, which accepted the recommendations of the Commission as to the Shoal Creek Parkway Tax Increment Financing Plan ("Redevelopment Plan") and designated the Redevelopment Area therein to be an economic development area; and

WHEREAS, the City Council, by its passage of a series of ordinances, has amended the Redevelopment Plan on numerous occasions since it was first approved; and

WHEREAS, the Redevelopment Plan, as amended, contemplates the implementation of the improvements described therein with economic activity taxes generated within several Redevelopment Project Areas described by the Redevelopment Plan; and

WHEREAS, on October 31, 2002, the City Council passed Ordinance No. 021284, which approved and designated the area comprising Redevelopment Project Area N of the Redevelopment Plan, as amended, as a Redevelopment Project A...

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